Steve Sosnick, Interactive Brokers’ chief strategist, discusses the market dynamics amid a closely watched earnings season.
Investors found some solace in the solid earnings performance of the flagship tech giants such as Amazon (AMZN), Facebook (FB) and Google parent Alphabet (GOOGL).
Photo Credit: Markus Trienke via Flickr Creative Commons
The odds of the market sliding below its 200-week moving average is about 8.5%, according to the latest data from Jeffrey Saut, strategist at Raymond James.
Chief Technology Officer Bimal Shah on the rise of online marketplaces.
There’s little slack in industrial capacity and wages are rising
There were signals of some uncertainty about the pace of future rate cuts, which slightly unsettled the markets.
